Oil is pricing in the next round of war.
Oil is pricing in the next round of war. Oil posted its third straight weekly gain as markets priced in renewed US&ndas…
Megatrends
Beyond banks: AI layoffs spread to tobacco, chemicals and payments
AI layoffs are everywhere except in the jobs data. The list of companies cutting jobs “for AI” no longer lo…
IMF: Gulf economies to shrink 4.8% this year as war hits exports
The war is now hitting the Gulf’s own economies, not just oil prices. The IMF expects the six GCC economies to sh…
Growth Without Jobs?: US, Mexico and Canada in 2026
The US economy will grow 2.3% in 2026, straight through a 41% oil price spike. In July it shed 23,000 jobs. The IMF thin…
State Street Admits It Underestimated the AI Boom’s Staying Power
Lori Heinel, the Global Chief Investment Officer (CIO) of State Street Global Advisors is currently attending and s…
Bank of Hope closes Manubank deal, adding $2.6B in deposits
Bank of Hope closed its acquisition of SMBC Manubank's commercial banking unit on Oct. 1, adding $2.3 billion in loans a…
Petrol and diesel cars drop below 50% of global sales — a first
Gasoline cars fell to 49% of global new-car sales in the first half of 2026, the first time below half, while EV sales r…
China fuel export halt
Chinese refiners have suspended almost all refined fuel exports for October 2026 to rebuild domestic stocks. The world's…
MUSIC — The CD is back: US physical music sales jump 26%, all thanks to K-POP?
The fastest-growing format in American music this year - surprise surprise - is the compact disc! According to …
The great bond rout: yields hit multi-decade highs from Washington to Tokyo
the US 10-year actually closed Friday at 5.18%, the highest since the global financial crisis. The 30-year is arou…
Four for a Fifth Seat: Central Europe Lines Up Behind India's Security Council Bid
UN General Assembly week produces hundreds of handshakes, but some of them move the architecture. On the sidelines of th…